China's 2014 vehicle exports slip 2.8% on lower demand in Algeria, Russia
China's exports of cars and trucks fell 2.8 percent to 897,000 vehicles last year as demand collapsed in Algeria and Russia, reports China Auto Web.
Citing data from the General Administration of Customs, the automotive website listed Iran, the ASEAN region, Algeria, Russia and Egypt as China's top five export markets in 2014.
Shipments to Iran doubled to 109,000 vehicles, and exports to the ASEAN nations jumped nearly 26 percent to 83,000. But shipments to Algeria plunged nearly 30 percent to 82,000, and exports to Russia fell 31 percent to 62,000.
The top 10 export markets also included Colombia, Chile, Saudi Arabia, Venezuela and Vietnam.
As always, China's automakers targeted developing nations for vehicle exports.
The website did not list exports for individual companies. Geely, Chery, Great Wall and SAIC have been major exporters.
Among international automakers, Honda exports the Fit to Canada, and Volvo has announced plans to export the S60 sedan to the United States.
Shipments to Iran doubled to 109,000 vehicles, and exports to the ASEAN nations jumped nearly 26 percent to 83,000. But shipments to Algeria plunged nearly 30 percent to 82,000, and exports to Russia fell 31 percent to 62,000.
The top 10 export markets also included Colombia, Chile, Saudi Arabia, Venezuela and Vietnam.
As always, China's automakers targeted developing nations for vehicle exports.
The website did not list exports for individual companies. Geely, Chery, Great Wall and SAIC have been major exporters.
Among international automakers, Honda exports the Fit to Canada, and Volvo has announced plans to export the S60 sedan to the United States.
